NET/Triple Net Lease (NNN) 

                                    
       When you sign a lease, you may be responsible for:
                                                              -none of the maintenance
                                                               -some of the maintenance
                                                               -all of the maintenance

 It is possible to leverage the Property Condition Report findings to negotiate a better rate or request repairs prior to occupancy. For net or triple net leasing (NNN), it’s important to document existing conditions from the beginning of the term so that a baseline condition of the property can be established.

 It is not unusual for landlord/tenant disputes to raise it’s ugly head at the end of the lease due to discrepancies as to the buildings care and maintenance during the term of the lease. Often, this results in litigation over the return of security deposits. Commonly claims are made that the tenant has not properly performed preventive maintenance resulting in excess physical deterioration or system and component failure. In response, tenants will claim pre-existing conditions with no documentation.


 PRIME Commercial Property Inspections will thoroughly and independently examine and document the property’s existing conditions at the onset of the lease. The reports are well documented with pictures and descriptions and may even include video. These reports may never be required. However, they can quickly be accessed to resolve outstanding issues during disputes if needed.

 It is recommended that several copies of the property condition report are maintained, electronic and printed, while keeping the original in a secure location. A good practice is to place the original in a safe or safety deposit box and provide certified copies with your legal firm, bank or other representative.



Specialty Services

Infrared Roof Scan - Infrared Electrical Scan - Infrared Mechanical Scan - Drone Service
 Radon Testing - Mold/IAQ Testing - Well Water Testing


Whole Building or Single System and Components

All inspections follow ASTM E2018-15 baseline standards. 
Interviews with current owner/tenants - Repair research/review


 Inspections are tailored to your specifications
​Specialists/Contractors brought in as needed


 
Call us now!​ 502.653.5393
or email us directly at:

[email protected]

​Kerry R. Gage   Vine Grove, KY